Lantronix (NASDAQ:LTRX) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Lantronix (NASDAQ:LTRX) from a buy rating to a strong-buy rating in a research note issued to investors on Sunday.

LTRX has been the topic of several other reports. Lake Street Capital lifted their price objective on shares of Lantronix from $6.00 to $8.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of Lantronix in a research report on Wednesday, October 8th. Finally, Needham & Company LLC upped their price objective on shares of Lantronix from $5.50 to $7.50 and gave the stock a “buy” rating in a report on Thursday, November 6th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $6.17.

Lantronix Stock Performance

LTRX stock opened at $6.37 on Friday. The stock’s fifty day moving average is $5.48 and its two-hundred day moving average is $4.55. Lantronix has a 1 year low of $1.91 and a 1 year high of $6.75. The stock has a market capitalization of $250.72 million, a price-to-earnings ratio of -23.59 and a beta of 1.50. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.93 and a current ratio of 3.01.

Lantronix (NASDAQ:LTRX) last issued its quarterly earnings results on Wednesday, November 5th. The technology company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $29.79 million during the quarter, compared to analyst estimates of $29.55 million. Lantronix had a negative net margin of 8.68% and a negative return on equity of 11.63%. Lantronix has set its Q2 2026 guidance at 0.020-0.04 EPS. On average, research analysts predict that Lantronix will post -0.23 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. R Squared Ltd grew its position in shares of Lantronix by 24.3% in the 3rd quarter. R Squared Ltd now owns 14,073 shares of the technology company’s stock valued at $64,000 after acquiring an additional 2,754 shares during the period. Squarepoint Ops LLC raised its holdings in Lantronix by 52.7% in the 3rd quarter. Squarepoint Ops LLC now owns 19,283 shares of the technology company’s stock valued at $88,000 after acquiring an additional 6,654 shares in the last quarter. Bailard Inc. acquired a new stake in Lantronix during the third quarter worth about $49,000. Jane Street Group LLC increased its stake in Lantronix by 19.7% in the first quarter. Jane Street Group LLC now owns 71,293 shares of the technology company’s stock valued at $178,000 after acquiring an additional 11,728 shares during the last quarter. Finally, Thompson Davis & CO. Inc. acquired a new stake in shares of Lantronix in the 4th quarter valued at approximately $97,000. 39.38% of the stock is currently owned by institutional investors.

About Lantronix

Lantronix, Inc is a provider of secure data access and management solutions designed to simplify the deployment, monitoring and control of devices and equipment across a wide range of industries. Headquartered in Irvine, California, the company develops hardware and software products that enable connectivity for smart devices, industrial machinery, IT infrastructure and other systems in the Internet of Things (IoT) ecosystem.

Founded in 1989, Lantronix was among the early innovators in serial-to-Ethernet device networking and has since expanded its portfolio to include secure console servers, device servers, gateways and embedded modules.